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<br /> �`,,,�;�: � cwidemnatian or aher tokin�{of any port oP the Propeny,or For conveyanco in lieu oF condemoation,�ro hercby aKSianed ood
<br /> .K:�,; �h�ll bo paid to Lendar.
<br /> In the event of a tatal [ukin�oP the Property, the proceeds shull be upplied �o che sums securcd by this Security
<br /> � =��� Inruument, whether or na�hen due,with ony tlxces�paid to Bormwer. In tha event of u partfal takinQ uf the Pcoperty in
<br /> '�'� which the fnir mar�:et vatue of the PropisRy immediutely beforo tha akin�is eyuul to or greater than Ihe amuuat of the sums _
<br /> 3 secu r e d by t h is S e cu d ty Ine tru m a n t I m m e d i u t e l y b e f o ro�h e t u k i n Q,u n l e a s B o rr a w e r u n d L e n de r o�herwi�o a�rce in writfn��
<br /> Ihe sum�secu�ed by�hix Srcurfty Inntrument Khull be reduced by�he amnunt af the proceeda multiplfGd by the following
<br /> fraction: (a)the total umount oP the�wrr�curod immedialely 6efore the mkin�.divided by(bl the fwir marlcet value oPthe
<br /> -_'" _ �= Pro{xny frc�medfately before the tn�;ing. Any balance Rhall be paid tu BoROwer. In thr cvent of o pnrtial toking oP the
<br /> ; . ��'`���-� Propetty in which the fair macket volue oP tho Property immediutely baforc the taking is less thun tho umuunt of tt�e cum� �
<br /> '� secuned immediately 6eforo the tca;ing. unle�s Borrower and Lender aherwiee uBree fn writinQ or unless applicable law
<br /> --__��_ otherwise providex,the proceeds ahull be�pplied to tho:um�securod by thic Security Instrumcet wheth�r or not the wms�re
<br /> �'"i�:�'� tl�an duo.
<br /> - �"� �`� If the PropcKy is nbandoned by Borrower.or If,afler nodce by Lender to Bomnwcr that the condemnor offera ta moke
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<br /> :_�*�,n��` `��. on nwud or settle a claim For dumu�es.Borrower fails to cespond to Lender wilhio 30 days nfter the date the noticC is given,
<br /> -_- Lender is authorized to collxt an d app ly t he pmcee d s.u t i t s op t i o n,either w�storution or ro puir oP the Property or w tla `
<br /> _,;'�F;;;�;.� „ wms secu�+ed by thia Secu�ity Instrument,whether or not then due.
<br /> °' -�=�>-�, a U�less Lender ond BaROwer ahanvise agrce in w�fting,uny applicutfoa of proceeds to prfncipal shnll not extend ot
<br /> _`- �'" �� ' p o a t p o n e�h a due date of tho monthl y pu yments roferted to in paraQruphs l und 2 orchange the amount of such payments.
<br /> -��:a:_'A., ..
<br /> •�.--��. 11. Borrower Not lteleacedi Forbearance By Lender N o t a W a lver. Extens ion u f t he t i me f o r p a y m e n t o r
<br /> - -,.-...��_;x. ``�- modificatian of tunoetizaUon of the suma xecur+ed by thia Secudty Gutrument�anted by Lender to a►y successor in interost
<br /> � �� °�..•.�+� of Borrower shnll not operate to releasa the IiobilEty of the odginal Borrower or Borrowerb xuccesson in intc�est.Lender
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<br />—��..��_ ehdl not be �equioed to commenee proceedings a�ainat ony successor in interest or refuse to extend time for payment or
<br /> ���.f``"'�. ,�„?... othcrwise modify wnortizatlon of the sums securc.d by this Secudty Insuument by r2a.aon of any dertwnd mada by the ori�inal =
<br /> - ,..�.,�,. Bomower or Barrowerh successors in intar�est. Any forbearance by Lender in exercising eny �i�ht or rcmedy shall not be a �
<br /> --����-;��; •� - waiver of or preclude the exer+cise of any dght or rcmedy.
<br /> = • H-•• 12. Successora nnd Assi�ns Bouad;Joint and Several Liabllity;Co-siRnera. The covenants and agrcements of this _
<br /> Y"� �"���M%•:"J Securiry Inswment shall bind and beneflt the successors and assigns of Lender ond Borrower,subject to the provisiona of �.
<br />_, � ...�: ��,
<br />_:';y�. �;"s=r.. ..e. • puugraph l7.Borrower's covenants and ugrecments shall be joint and severnl. Any Borrower who co-signs this Secu�ity
<br /> ln:trument but does not ezecute the Note: (a)is co-signing this Securiry Instrument only to mortgage,grnnt and convey that
<br /> :.�n " ` ° Borrower's intetest in the Property undtr the t�ans of this Secudry Instrumenr, (b)is not peraonally obliguted to pay the sums
<br /> __�:, . _..
<br />- •�y secu�ed by thic Securily Instrumenr,and(c)agrces that Lender and ony other Borrower mny egree to extend,modify,fo�bear
<br /> �'"" -' or meke any accommodatio�s wlth neBord to the terms of thia Secudty Insuument or the Note wi�hout that Bortower'�
<br />`�"'�4 � ' .. consent.
<br /> � x...:.,.; 13. Lwn Chorgea. If the loan secured by this Security Instrument is subject to a luw which sets maximum lo�n
<br /> ot�K. �,a s,My ,_„ char�es,end that Inw is tin�lly inter�reted so thu the tnterest or ather loan charges colkcted or to be collected in connection
<br /> • �� - with the ban exceed the permitted iimus,then: (n j any such tuun churga yhaii t�redaced by thc amaani nec�sas'y to reduct -
<br /> ' die charge to the pem�itted limir,und(b)any sums alneudy colkcted fmm Borrower which eaceeded peimitted limils wiU be
<br /> � � refunded to Borrower. Lender mny choose to make this refund by reducing the principAl owed under the Note or by making n
<br />: ? � direct payment to Borrower. If a refund reduces p�incipal,the rcduction will be aeuted as a panial prcpayment without any _
<br /> .��t- • pnpayment charge under the Note.
<br /> � �;'„,' � 14. Not(eea Any nottce co Borrower provided for in this Security Insuument shall be given by delivering it or by _.
<br /> - • matling it by first class mail unless applicnble law rcquires use of another method.The notice shall be directed to the Property -_
<br /> ;;�,: "� ' Addrcss or nny other address Borrower designutes by notice to Lender. Any natice to Lender shall be given by fl�st class
<br /> �.�.. � m4i1 to Lender�address stated hercin or any other uddress Lender designutes by noticc to Aorrower. Any notice provided for �`
<br /> . .' • �, a in chis Security Insuument shall be deemed to huve been given to Borrower or Lender when given ac provided in this __
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<br /> ,., ''°• P 15 Governing Law; Severabillty. This Secu�ity Inswment shall be govemed by federa! luw and the Inw of the �-
<br /> .. ,, �, jurisdiction in which the Property is locuted. In the event that any provision or clause of this Security Instrument or the Note
<br /> , �� • „ conflicta widi upplicable Inw.such conflict shpll not uffect other provisions of this Securiry Instniment or the Note which can -
<br /> ., be given effect without the conflicting provi�ion. 1b this end�he provisions of this Security Instrument und ihe Note acc
<br /> _ "' ' declared to be severuble.
<br /> " � ' ' 16. Borrower's Copy. Borrower shull be given one conformed copy of the IVote and of this Security Instrument.
<br /> - '° 17. Transfer of the Property or a Beneficlal Interest in Borrower. If nll or any purt of du Propeny or uny intccest in �'
<br />- � it is sold or transferted(or it a beneficiul interest in Bortower is sold or uunsferred und Borrower is not n nntuml person)
<br />- ' ,;,.. without Lender's prior written consent,LenJer mny.At its option,requirc immediute pnyment in full of nll sums secured by
<br /> ', this Security Instrument. However,this option shall na be exerciscd by Lender if exercise is prohibited by federul law as of
<br /> _ : the date of this Security Instrument. �
<br /> ;, if Lender eaercises this�option,Lender shall give Borrower notice of ucreleration. 1'he notice shall provide u period of �•
<br /> ,. not less than 30 dnys from the date the notice is delivered or muiled within which Borrower must pay all sums secured by this
<br /> • • Securlry Instrument. If Borrower fnila to pay these sums prior to the expimtion uf this period, Lender may invoke any
<br /> ' rcmedies permitted by this Security Instrument without further notice or demnnd on Borrower. �
<br /> �,:,..'% 18. Borrower's Right to Refnstute. If Borrower meets certuin conditions, Borrower shull hnve the right to have �
<br /> • enfo�cement of thia Secu�ity Instrument discontinued at;my time prior to the eudier of: (al 5 duys(or such other period us i
<br /> ___ ^ , Sin�k Fomfly•-Fannk Mue/EYeddk Nac UNIFORM INBTRUMENT–Uniform Cuvenunta 91Y� l�x+xe 4 njb pa8rs► t_.
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